交通票务营业收入为54亿元人民币（7亿5300万美元），同比上升11%，主要得益于交通票务预订的增 长。交通票务营业收入环比稳定。 旅游度假业务营业收入为11亿元人民币（1亿5100万美元），同比上升5%，主要得益于旅游度假业务预 定的增长。旅游度假业务营业收入环比上升14%，主要得益于越来越强劲的旅游需求，尤其在节假日期 间表现突出。 8月28日，携程集团-S发布2025年第二季度及上半年业绩公告。 2025年第二季度，携程集团净营业收入为148亿元人民币（21亿美元），同比上升16%，环比上升7%。 住宿预订营业收入为62亿元人民币（8亿6900万美元），同比上升21%，主要得益于住宿预订的增长。 住宿预订营业收入环比上升12%，主要得益于越来越强劲的旅游需求，尤其在节假日期间表现突出。 归属于携程集团股东的净利润为48亿元人民币（6亿7600万美元），相比2024年同期为38亿元人民币， 相比上季度为43亿元人民币。 截至2025年6月30日，现金及现金等价物、受限制现金、短期投资及持有至到期的定期存款和理财产品 余额为941亿元人民币（131亿美元）。 度商旅管理业务营业收入为6亿9200万元人民币（ ...

Core Insights - Ctrip Group reported a net operating revenue of 13.8 billion RMB for Q1 2025, a year-on-year increase of 16% [1] - The net profit attributable to shareholders was 4.3 billion RMB, unchanged from the same period in 2024 [1] - The diluted earnings per share were 6.09 RMB [1] Business Performance - International OTA platform bookings increased by over 60% year-on-year [1] - Inbound travel bookings saw a growth of over 100% year-on-year [1] - Outbound hotel and flight bookings exceeded 120% of the pre-pandemic levels in 2019 [1] Revenue Breakdown - Accommodation booking revenue reached 5.5 billion RMB, up 23% year-on-year, driven by growth in accommodation bookings [1] - Transportation ticketing revenue was 5.4 billion RMB, an 8% increase year-on-year, attributed to the rise in ticket bookings [1] - Vacation business revenue amounted to 947 million RMB, a 7% year-on-year increase, mainly due to growth in vacation bookings [1] - Business travel management revenue was 573 million RMB, up 12% year-on-year, supported by an increase in business travel orders [1] - Business travel management revenue decreased by 18% quarter-on-quarter due to seasonal effects [1] Industry Outlook - The tourism industry maintained strong growth momentum in Q1 2025, supported by robust consumer demand and favorable policies [2] - The company emphasized its diversified market layout, which positions it to respond to global economic fluctuations and seize emerging opportunities [2] - The CEO highlighted the importance of innovation and customer-centric solutions to meet the evolving needs of travelers, contributing to sustained growth and long-term value creation for stakeholders [2]